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Industries with Fastest Physicists Salary Growth

These industries raised Physicists salaries the most from 2019 to 2024. Useful for deciding which industry to work in or switch to for better pay growth.

21
Industries with Growth
+116.6%
Highest Growth
+33.0%
Average Growth
2
Industries with Decline

Top 15 Industries for Salary Growth

Physicists salary increase from 2019 to 2024

All 21 Industries with Salary Growth

Rank Industry 2019 Salary 2024 Salary $ Increase % Growth
1 Merchant Wholesalers, Durable Goods $95,270 $206,320 +$111,050 +116.6%
2 Navigational, Measuring, Electromedical, and Control Instruments Manufacturing $112,990 $171,070 +$58,080 +51.4%
3 Specialty (except Psychiatric and Substance Abuse) Hospitals $161,440 $234,620 +$73,180 +45.3%
4 Machinery Manufacturing $105,040 $151,850 +$46,810 +44.6%
5 Administrative and Support Services $133,980 $191,350 +$57,370 +42.8%
6 Computer and Electronic Product Manufacturing $122,410 $171,070 +$48,660 +39.8%
7 Educational Services $78,780 $109,250 +$30,470 +38.7%
8 Colleges, Universities, and Professional Schools $78,800 $109,250 +$30,450 +38.6%
9 Engineering Services $118,090 $158,490 +$40,400 +34.2%
10 Machinery Manufacturing (3331, 3332, 3334, and 3339 only) $111,560 $148,490 +$36,930 +33.1%
11 Scientific Research and Development Services $131,870 $167,980 +$36,110 +27.4%
12 Research and Development in the Physical, Engineering, and Life Sciences $131,930 $167,980 +$36,050 +27.3%
13 Professional, Scientific, and Technical Services $130,650 $166,290 +$35,640 +27.3%
14 Ambulatory Health Care Services $178,690 $225,930 +$47,240 +26.4%
15 General Medical and Surgical Hospitals $180,900 $221,450 +$40,550 +22.4%
16 Hospitals $178,120 $217,950 +$39,830 +22.4%
17 Architectural, Engineering, and Related Services $119,610 $143,110 +$23,500 +19.6%
18 Utilities $95,380 $104,200 +$8,820 +9.2%
19 Electric Power Generation, Transmission and Distribution $95,380 $104,200 +$8,820 +9.2%
20 Nuclear Electric Power Generation $95,380 $104,200 +$8,820 +9.2%
21 Semiconductor and Other Electronic Component Manufacturing $128,660 $136,780 +$8,120 +6.3%

2 Industries with Salary Decline

Rank Industry 2019 Salary 2024 Salary $ Decrease % Decline
1 Computer Systems Design and Related Services $150,520 $120,680 -$29,840 -19.8%
2 Management, Scientific, and Technical Consulting Services $122,450 $102,610 -$19,840 -16.2%

About This Data

Salary growth is calculated by comparing the median annual wage for Physicists in each industry between 2019 and 2024, using Bureau of Labor Statistics data. Growth percentage = (2024 median - 2019 median) / 2019 median × 100.

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